Fenner & Esler isn’t only a highly rated architect & engineers insurance company. We also supply design professionals with the best alternatives when it comes to engineer employment practice insurance. On top of providing professional services, many engineers and engineers also act as employers for a team of assistants and administrative professionals. In any creative firm, working relationships are often close ones, leading to a blurring of the lines between employer and employee, which in turn can lead to issues in terms of legal obligations associated with the employer position. In order to safeguard the long-term economic viability of the design firm, it is vital to take advantage of engineers EPLI.
Employment practice insurance for engineers from a respected independent architect & engineers insurance company like such as Fenner & Esler is important because even in the most closely-knit design firms, employment issues could arise. Even if you are confident in your HR structure to protect you from liability in many situations, there may come a time when you are facing some sort of legal action. Going to court is an expensive procedure even if you win the case. Engineer employment practice insurance can provide a fiscal firewall in the event of employee claims of discrimination, harassment, wrongful termination or disciplinary actions, or other workplace-related problems. Engineers employment practice insurance provides protection, up to the limits of liability, for the cost of litigation along with the costs for any resolution of the case.
Engineers Insurance Company
When submitting an application for engineers EPLI, it’s common for the insurance carrier to request a copy of the firm’s human resources policy and procedure manual. Independent engineers and engineers insurance brokerages that specialize in EPLI for engineers is going to be in a place to examine these records and ensure that they’re fit for purpose. An agent can also tailor the program to make sure that the client’s application fits their business needs, while also seeking for the best possible premium. An insurance broker can additionally work together with customers in managing risk, offering professional advice throughout those critical episodes when employer/employee friction has arisen.
Engineers Insurance Brokerages
Because architect and engineers insurance coverage operates on a claims-made basis, it’s essential to maintain constant coverage so that the firm is protected. Though some carriers provide a rider for retroactive coverage, it may be more expensive. Someone new to the procedure can easily find themselves overwhelmed by all the choices that are available. This is why we are here to assist as an a&e insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
Fenner & Esler’s experts in architect and engineers insurance coverage use a select group of A-rated insurance carriers to help your firm to obtain the most cost-effective coverage that addresses your needs, making certain that your enterprise consistently enjoys protection from legal action associated to employee issues.
Serving design professionals as a top architects and engineers insurance company since 1923, Fenner & Esler is able to provide you with a variety of effective alternatives. We’re an independent brokerage. This means that unlike larger engineers and engineers we can customize a plan which will suit your exact needs. Whatever your insurance needs are, feel free to contact the experts at Fenner & Esler today.